No, Really, Seriously, Does He Have Robert Rubin On Speed Dial?

More transition news:

Leading the Obama-Biden Transition Project are [old Clinton hand John] Podesta; Valerie Jarrett, a close friend of Obama’s; and Pete Rouse, Obama’s former Senate chief of staff. Its work can be monitored online via http://www.change.gov. Obama hopes to quickly name a Treasury secretary, a decision that will set the tone for his relationship with the battered financial world, and is expected to name his chief of staff, most likely Emanuel, this week.

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SecTreas will be the most important appointment Obama makes in the short-to-medium term. Looking farther down the road, his SecDef and SecState will likely prove just as important. For SecDef, Obama might do well to pick a moderate-to-liberal Republican, like Clinton did with William Cohen.

Doubtful we’ll get that lucky with the State Department though. Not that it much matters — SecStates always seem to get “captured” by the bureaucrats entrenched at Foggy Bottom.

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